If they (borrower or junior lien holder) didn't have the funds to buy at sale, they aren't typically going to have the funds or the will to buy within six months.

-Realistically you would be best of getting deals direct from seller if you aren't already.

BP is a helluva a lot cheaper than any guru and most of the gurus who have something worthwhile and aren't complete fluff (ie.

Even on institutionally held deals, the CAP rates aren't necessarily transferable (i.e. a large REIT might be able to drive down the cost of insurance considerably bc they are insuring multiple properties across multiple states and get lower costs on portfolios).  

You aren't factoring in property management which would be another $260.  

So Appraisers look at that and, if they aren't living in the neighborhood and informed of the trend, they default to something in the middle. 

To fully disclose no interest deals they would almost need to be CPA's and they aren't close I'm sure (but you may have some as students).A seller or a buyer has no control over imputed rates by the IRS, they determine  the  rate. 

However, it is a C, C- neighborhood, with and unusually low rent roll (and, as I investigate Craigslist, Zillow, and apartments.com, the competition seems to have rents that aren't much higher).

Rentals aren't like selling where you want everything as close to perfect to fetch top dollar.

or "aren't you worried about the higher price?"